I don't have a position either way in BA now, but it's tempting to short because Cramer praised BA stock two days ago after bashing it at the low of the year. a few months ago.
That has nothing to do with the ticker.
Though I don't want to go beyond calling it a math error, the fact that the error has not been changed despite it being called out for over 6 months, makes one wonder if the wrong number is there accidentally. There is no doubt that the figure on the Yahoo Finance site is wrong. The math is simple and has been mentioned numerous times by different people on this site.
If CRM isn't around in 2015, it could mean it has imploded. Some mentioned that Enron could be taken over, not long before it began to implode.
I read the article, which arrived in my inbox. I need to leave the computer now, but if there is a discussion, I'll read it later.
It's clear (by simple math that the % short is about 10%). The figure you posted has not been altered over the half year or so that I have posted comments and others have also acknowledged the egregious error.
When the stock had a 4 to 1 split it appeared that either there was carelessness in not doing the math with the new number of shares in the float. After this has been called to the attention on Yahoo Finance several times, it's possible it's either by carelessness or intentional for other reasons.
That may have enabled some short squeezes in the past, but is old garbage now. It's hard to believe that anyone wouldn't do the math or that anyone would deliberately mislead others.
While you may admire the charity of MB when he insists his company can do a major project for the Federal government at no charge, but it's the money and charity of public longs he's offering. CRM insiders would likely consider to receive "equity awards" and stock can be diluted more in order to issue more shares for insiders, who can then sell at market prices.
That recent, public appearance of MB communicates even more that the corporate culture is not in line with the interests of longs..
Regardless of all the pr, whether paid for or not, CEO MB gave an image that undoes much of it. In his animated way he repeated an offer to work for free. That would mean not only giving time, but not getting any revenues for a large endeavor. The image is that MB wants personal fame and appreciation at the huge expense of no revenues for that job. CRM already hasn't made it to have even 1 cent per share of GAAP earnings despite being 13 years older than a start-up. The message I got from his offer of working for nothing (for stockholders while he could dilute the value of each share in order to pay himself and top executives) portrays a disregard for future earnings and for shareholders (other than insiders')
That view of his inner motivation was on t.v. as he said it and at least one other time. Was that the image of a bombastic CEO seeking more "in your face" recognition? Was it also a message that any future earnings aren't a major concern of the CEO?
Will this bounce be sold on higher volume? Will stock bounce closer to price a few days ago before selling off?
It's not about where it closes today. It's about where it will start regular hours trading tomorrow and where it will be by mid day Wednesday, etc..
Someone who posts lies after being corrected numerous times has severe problems or doing his/her job. Many times and to many user names and numbers in a previous year didn't you read the statements that a larger amount of stock shorted around 130 (pre-split) and the much smaller amount of stock shorted at 117 were covered together at 121, as posted then and numerous times.
CRM's stock was diluted when they financed the acquisition of companies to boast revenues. The bottom line is there are no GAAP earnings and MB has admitted in the past that no GAAP earnings are expected for the next few years. Statements such as "I keep hearing" and "is that for sure" suggest that you should stick to more transparent stocks or that you are posting a statement, not asking a question.
I'm back and see that the same bullies are here. I won't reply to bullies. As of 2 p.m. today I have a small shorted stock position and a small, far dated put position. If you haven't noticed, CTXS and VMW have reacted negatively to news of possible competitiion from AMZN. CRM may follow those dips this week or may hold off until the Monday report. It appears that today's bounces in CRM are being sold. I would buy more puts but will wait until after this week.
I find it amusing that bullies tend to ignore when they are wrong. As I posted above, I won't reply to bullies.
Consumer actions may have more effect. When a grocer that labels some items on shelves "non-GMO" what will customers do? Will they ignore the signs or the GMO products? BTW, while I'm not sure about the difference between beet sugar and cane sugar (but I'll check iit out), a bakery/distributor here is avoiding beet sugar, which has been claimed to be GMO. It's interesting because the word "beet" rather than "cane" with sugar gave "beet sugar" an aura of health. Is it or is it the oppostie and is "beet sugar" worse than "cane sugar?" After exiting MON from both directions, I'm considering buying puts. While bearish on MON, I've hesitated buying puts due to markets in general and will likely wait until and unless major averages turn down.
Say "no" to the greedy insurance company and shop on the exchange. Some insurance companies are scaring people and some say it's to get people to sign up for high premiums when the same coverage is available for far less money on the insurance exchange. You'll also have choices of coverage, as long as the coverage has an unlimited ceiling, etc.. Note to those who don't need maternity care and are required to include it. People who need maternity coverage will be paying for your costs, even if it's prostate cancer or treatment for heart disease. How much do you think former vice pres. #$%$ Cheney's heart transplant, but contraptions before that, cost as compared to maternity coverage.
It's possible Mytek is a paid pumper or pumper without positions. It's likely Mytek is pumping on another site now. I have never been in TSLA. My sentiments were bearish, but TSLA seemed irrational and likely was and is. On another site Mytek has been accused of having more than one user name and has a reputation for attacking other posters.
I don't have a position in MCK. Yesterday I closed out my measly put with a $20 profit after commissions. I realize that some stocks go beyond reality, thoough I'm checking MCK from time to time because it will break down, IMHO, even if the expectation of a split is holding it up.
As of this morning I didn't have a position in MCK. I have now tiptoed in on the short side with one put, but will analyze it more before deciding whether or to increase that to a substantial position. Recently I took profits on a put position in ESRX. I have no position in that now, but am looking at MCK.